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3 September, 01:31

The formula D = 393t + 5680 can be used to approximate rhe tital average credit card debt in a U. S. household (in dollars) t years after 1995. Use this formula to predict what the total average credit card debt will be in the year 2027

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  1. 3 September, 03:31
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    In this problem the formula for average credit card debt is D=393t+5680 where t is years after 1995. To find the total average credit card debt in the year 2027, we must first find the difference in years between 2027 and 1995 to get our t value. To do this subtract 1995 from 2027: t = 2027 - 1995 = 32 years. Next, we plug in 32 for t into the equation and solve for D: D = (393) * (32) + 5680 = $18,256.
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